Youngs Advisory Group Inc. lessened its position in Exxon Mobil Corporation (NYSE:XOM) by 2.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,273 shares of the oil and gas company’s stock after selling 185 shares during the period. Youngs Advisory Group Inc.’s holdings in Exxon Mobil Corporation were worth $506,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Grubman Wealth Management grew its holdings in Exxon Mobil Corporation by 21.7% in the 2nd quarter. Grubman Wealth Management now owns 3,944 shares of the oil and gas company’s stock worth $318,000 after acquiring an additional 702 shares during the last quarter. Farmers Trust Co. grew its holdings in Exxon Mobil Corporation by 10.8% in the 2nd quarter. Farmers Trust Co. now owns 96,561 shares of the oil and gas company’s stock worth $7,795,000 after acquiring an additional 9,403 shares during the last quarter. Baker Boyer National Bank grew its holdings in Exxon Mobil Corporation by 12.3% in the 2nd quarter. Baker Boyer National Bank now owns 7,761 shares of the oil and gas company’s stock worth $626,000 after acquiring an additional 850 shares during the last quarter. BKD Wealth Advisors LLC grew its holdings in Exxon Mobil Corporation by 31.3% in the 2nd quarter. BKD Wealth Advisors LLC now owns 44,354 shares of the oil and gas company’s stock worth $3,580,000 after acquiring an additional 10,583 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. grew its holdings in Exxon Mobil Corporation by 0.4% in the 2nd quarter. Stock Yards Bank & Trust Co. now owns 155,604 shares of the oil and gas company’s stock worth $12,562,000 after acquiring an additional 545 shares during the last quarter. 50.74% of the stock is currently owned by institutional investors and hedge funds.

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In related news, Director Steven Reinemund sold 1,100 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the transaction, the director now directly owns 43,125 shares of the company’s stock, valued at approximately $3,459,918.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Robert Stuart Franklin sold 22,656 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the completion of the transaction, the vice president now directly owns 231,572 shares of the company’s stock, valued at $18,470,182.72. The disclosure for this sale can be found here. Company insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation (NYSE XOM) traded up 0.04% on Friday, hitting $79.92. 10,205,789 shares of the stock traded hands. Exxon Mobil Corporation has a 12 month low of $76.05 and a 12 month high of $93.22. The firm has a 50-day moving average price of $78.37 and a 200-day moving average price of $80.77. The company has a market capitalization of $338.63 billion, a PE ratio of 28.81 and a beta of 0.82.

Exxon Mobil Corporation (NYSE:XOM) last released its quarterly earnings results on Friday, July 28th. The oil and gas company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.05). Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. The firm had revenue of $62.88 billion during the quarter, compared to the consensus estimate of $61.35 billion. During the same quarter in the prior year, the business posted $0.41 earnings per share. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. Analysts forecast that Exxon Mobil Corporation will post $3.42 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Investors of record on Monday, August 14th were given a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 3.85%. The ex-dividend date was Thursday, August 10th. Exxon Mobil Corporation’s payout ratio is currently 111.19%.

A number of equities research analysts have recently weighed in on XOM shares. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $83.00 target price on shares of Exxon Mobil Corporation in a research note on Tuesday, May 30th. Vetr raised shares of Exxon Mobil Corporation from a “buy” rating to a “strong-buy” rating and set a $89.25 target price on the stock in a research note on Monday, June 5th. Howard Weil raised shares of Exxon Mobil Corporation from a “sector perform” rating to an “outperform” rating in a research note on Monday, June 5th. Scotiabank raised shares of Exxon Mobil Corporation from a “sector perform” rating to a “buy” rating and lifted their target price for the company from $85.00 to $86.00 in a research note on Monday, June 5th. Finally, Scotia Howard Weill raised shares of Exxon Mobil Corporation from a “sector perform” rating to an “outperform” rating in a research note on Monday, June 5th. Seven equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $84.65.

Exxon Mobil Corporation Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

Institutional Ownership by Quarter for Exxon Mobil Corporation (NYSE:XOM)

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